People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)是面向Bristol，Virginia购房者的延期第二贷款，由People Incorporated of Virginia (regional DPA provider for VA DHCD)管理。 People Incorporated of Virginia is the regional administrator of Virginia DHCD's HOMEownership Down Payment & Closing Cost Assistance (DPA) program for far-Southwest Virginia. Income-eligible first-time homebuyers (<=80% AMI) receive a 0% deferred second-mortgage loan of up to 10% (15% in high-cost areas) of the sales price plus up to $2,500 in closing costs, max $40,000, forgiven after a 5- or 10-year affordability period. People Inc. also packages USDA 502 Direct loans and pairs DPA with Virginia Housing first mortgages. 0% interest, no monthly payments. Forgiven after 5-10 year affordability period. Up to $40,000 toward down payment and closing costs. Pairs with Virginia Housing/USDA/FHA/VA/Conventional first mortgages. Free HUD-certified housing counseling and homebuyer education. 资金来自HUD HOME funds via Virginia DHCD HOMEownership DPA program。

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)提供$1,000至$40,000的援助。 该项目要求购房者自付1% of sales price from personal funds if income 50-80% AMI; $500 if income under 50% AMI (may be appraisal/inspection/credit/closing costs with receipts). 金额是该项目公布的上限，并非报价——具体每人的援助金额由People Incorporated of Virginia (regional DPA provider for VA DHCD)决定。

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)在10年后免除，因此住满这段时间的购房者无需偿还。 触发还款的情形：Sale, transfer of title, refinance with cash-out, or ceasing to occupy as primary residence during the affordability period; HOME investment recaptured from net proceeds. 该援助以Second (silent/deferred deed of trust behind first mortgage)顺位留置权登记。 免除和还款条款由项目设定，并可能变化——申请前请在项目官方网页上确认。

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)面向首次购房者和将房屋作为主要住所自住的购房者。 此处的“首次”有例外情况：Treated as first-time if no primary ownership interest in most recent 3-year period; mobile home titled as personal property or inherited/investment property not occupied in last 3 yrs also qualifies. 关于信用，该项目说明：Median FICO of 620; at least 3 open/current trade lines (alternative credit of 3 trades may be considered). 须参加购房者教育课程，由HUD-certified Homebuyer Education through Virginia Housing, NeighborWorks, or HUD-certified agency; plus housing counseling from a HUD-certified counselor.提供。 Min 90-day work history required; collections >=$1,000 and all judgments must be paid before closing.

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)将家庭收入限制在地区收入中位数的80%，该数值因县和家庭人数而异。 Total household income at or below 80% AMI by HUD household size/locality (HUD HOME limits, updated ~June/July annually). Section 8 income definition used. 该限制适用于家庭总收入，而不仅是借款人的收入。 地区收入中位数由HUD公布并每年更新，因此在依据某个数字之前，请查看该县的最新表格。

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)的房价上限如下：Home value may not exceed 95% of area median sales price (HUD 203(b) limits). 符合条件的房屋类型包括Single Family、Townhouse、Condo、Modular、Manufactured和2-4 Unit (owner-occupied deeded unit only)。 新建房屋符合条件。 预制房屋符合条件。

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)服务于在Bristol，Virginia购房的购房者。 该项目针对特定区域：High-Cost/Chronically Economically Depressed localities (incl. Buchanan, Dickenson, Lee, Russell, Scott, Tazewell, Wise, Wythe, Smyth, Grayson, Carroll, Bland) qualify for up to 15% of sales price vs. 10% elsewhere.

People Incorporated of Virginia - HOMEownership Down Payment & Closing Cost Assistance (DPA)的申请通过People Incorporated of Virginia (regional DPA provider for VA DHCD)办理，该机构在其网站上公布现行条款和申请步骤。 资金通过First-come, first-served; funds reserved only after lender pre-approval and DPA eligibility met预留。 Hey Prescott不是贷款机构，也不受理申请；本页介绍该项目，方便购房者向贷款机构或住房咨询师咨询。